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New list of medical products subject to 7% VAT is introduced
PwC, Kyiv, Ukraine, Tuesday, Sep 9, 2014
Published by U.S.-Ukraine Business Council (USUBC)
Wash, D.C., Tue, Sep 9, 2014
In an update to Flash report#36, in respect of VAT treatment of medical products, be informed that theCabinet of Ministers has established a new list of medical products subject to7% VAT.*
Compared to the effective list the new list is more exact as it is linked toparticular customs codes. However, it does not contain certain types of goodspreviously subject to VAT exemption/7% VAT, e.g. baby diapers, pacifiers, etc.
The new list is effective from the date of its official publication.
*TheResolution of the Cabinet of Ministers of Ukraine No. 410 dated 3 September2014
Contacts:
Ron Barden,Partner & TLS Leader, ron.j.barden@ua.pwc.com
Rob Shantz, Legal Partner, rob.shantz@ua.pwc.com
Slava Vlasov, Partner, Tax and Legal Services, slava.vlasov@ua.pwc.com
ViktoriyaTymoshenko,Senior Manager, Tax and Legal Services, viktoria.tymoshenko@ua.pwc.com
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